In support of cross‑sector collaboration to advance sustainable development, The Hong Kong Jockey Club, through its Charities Trust, has approved a donation of over HK$426 million to support The University of Hong Kong (HKU) in establishing and operating the HKU Jockey Club Enterprise Sustainability Global Research Institute. The donation also supports the creation of The Hong Kong Jockey Club Endowed Professorships, with the aim of bringing together distinguished international scholars from diverse fields to provide global insights into local needs and to transform research findings into practical policy recommendations and solutions for a more liveable and resilient Hong Kong - so contributing to the betterment of society.
Rimsky Yuen, The Hong Kong Jockey Club Steward (left) and Prof Xiang Zhang, President and Vice-Chancellor of The University of Hong Kong (right) officiate at the dedication ceremony of The Hong Kong Jockey Club Endowed Professorships.
The dedication ceremony of The Hong Kong Jockey Club Endowed Professorships was held on 5 May. Attending guests included Rimsky Yuen, The Hong Kong Jockey Club Steward, Prof Xiang Zhang, President and Vice-Chancellor of The University of Hong Kong; Prof Yang Wang, Vice-President and Pro-Vice-Chancellor (Institutional Advancement) of The University of Hong Kong; Professor Hongbin Cai, Dean of Business School of The University of Hong Kong and three endowed professors: Professor Guojun He, The Hong Kong Jockey Club Professor in Economics; Professor Jeffrey Ng, The Hong Kong Jockey Club Professor in Accounting, and Professor Uta Schönberg, The Hong Kong Jockey Club Professor in Economics.
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Rimsky Yuen, The Hong Kong Jockey Club Steward (left) and Prof Xiang Zhang, President and Vice-Chancellor of The University of Hong Kong (right) officiate at the dedication ceremony of The Hong Kong Jockey Club Endowed Professorships.
Rimsky Yuen, The Hong Kong Jockey Club Steward (3rd left); Prof Xiang Zhang, President and Vice-Chancellor of The University of Hong Kong (centre); Prof Yang Wang, Vice-President and Pro-Vice-Chancellor (Institutional Advancement) of The University of Hong Kong (1st left); Professor Hongbin Cai, Dean of Business School of The University of Hong Kong; and the three endowed professors (2nd left): Professor Guojun He, The Hong Kong Jockey Club Professor in Economics (3rd right); Professor Jeffrey Ng, The Hong Kong Jockey Club Professor in Accounting (1st right), and Professor Uta Schönberg, The Hong Kong Jockey Club Professor in Economics (2nd right) attend the dedication ceremony of The Hong Kong Jockey Club Endowed Professorships.
Club Steward Rimsky Yuen delivers a speech at the dedication ceremony of The Hong Kong Jockey Club Endowed Professorships.
Rimsky Yuen, The Hong Kong Jockey Club Steward (3rd left); Prof Xiang Zhang, President and Vice-Chancellor of The University of Hong Kong (centre); Prof Yang Wang, Vice-President and Pro-Vice-Chancellor (Institutional Advancement) of The University of Hong Kong (1st left); Professor Hongbin Cai, Dean of Business School of The University of Hong Kong; and the three endowed professors (2nd left): Professor Guojun He, The Hong Kong Jockey Club Professor in Economics (3rd right); Professor Jeffrey Ng, The Hong Kong Jockey Club Professor in Accounting (1st right), and Professor Uta Schönberg, The Hong Kong Jockey Club Professor in Economics (2nd right) attend the dedication ceremony of The Hong Kong Jockey Club Endowed Professorships.
Congratulating the four eminent scholars on their appointments, including Professor Roni Michaely, The Hong Kong Jockey Club Professor in Finance and Entrepreneurship, who was unable to attend the ceremony, Club Steward Rimsky Yuen said that, with the support of the four endowed professorships, the institute is well-placed to become a world-class knowledge hub, providing actionable insights that can deliver meaningful impact in Hong Kong, Asia and beyond. He added that the Club has supported many groundbreaking initiatives at HKU over the years. This reflects the Club’s long-standing investment in human capital and higher education, and its commitment to nurturing leaders who can propel the city’s economic development and sustain the prosperity of the nation.
Club Steward Rimsky Yuen delivers a speech at the dedication ceremony of The Hong Kong Jockey Club Endowed Professorships.
The HKU Jockey Club Enterprise Sustainability Global Research Institute aims to become a world-class hub for Environmental, Social, Governance (ESG) and Sustainability best practice in Hong Kong, Asia and beyond with respect to three core aspects:
1)Research — Create four endowed professorships in the disciplines of economics, finance, entrepreneurship, and accounting. Under the leadership of the appointed scholars, the Institute will foster multidisciplinary collaboration and integrate knowledge with practice and transform top-tier research into actionable solutions.
2)Engagement — Develop a sustainability index, offer consultancy and advisory services, and organise conferences, seminars and international summits to facilitate dialogues and forge cross‑sector partnerships.
3)Education — Curate sustainability related courses and interdisciplinary initiatives to equip forward-looking sustainability professionals.
The Club’s support for the HKU Jockey Club Enterprise Sustainability Global Research Institute, like all its charity and community donations, is made possible by its unique integrated business model through which racing and responsible sports wagering generate substantial tax contributions, charity support and employment opportunities for Hong Kong.
Group photo.
The Jockey Club Athlete Incentive Awards Scheme (JCAIAS) Presentation Ceremony for the Milano Cortina 2026 Winter Olympic Games was held today (3 May), with The Hong Kong Jockey Club presenting a cash incentive of HK$375,000 to Hong Kong, China team representative Joey Lam Ching-yan. The award was in recognition of her historic seventh-place finish in the Women’s Short Track Speed Skating 1,500m Final. It marked the first time since the launch of JCAIAS that an award had been presented to a Winter Olympics representative.
Guests in attendance at today’s ceremony included Rosanna Law, Secretary for Culture, Sports and Tourism of the Government of the Hong Kong Special Administrative Region; Raymond Tam, Executive Director, Corporate Affairs of The Hong Kong Jockey Club; Timothy Fok, President of the Sports Federation & Olympic Committee of Hong Kong, China; Tang King-shing, Chairman of the Hong Kong Sports Institute; and representatives from the Hong Kong, China delegation.
Raymond Tam, Executive Director, Corporate Affairs of The Hong Kong Jockey Club said that since the launch of Jockey Club Athlete Incentive Awards Scheme in 2023, nearly HK$95 million in cash incentives has been granted to Hong Kong, China athletes in recognition to their achievements in major sports events, providing them with support and encouraging them to keep striving for excellence and bring glory to Hong Kong.
Officiating at the event, Rosanna Law, Secretary for Culture, Sports and Tourism of the Government of the Hong Kong Special Administrative Region, noted that Hong Kong, China sent four athletes to the Winter Olympics to compete in short track speed skating and alpine skiing events. Among them, short track speed skater Joey Lam Ching-yan, making her Olympic debut, achieved seventh place in the women’s 1500m event, marking a historic milestone for Hong Kong at the Winter Olympics. Rosanna Law expressed gratitude to The Hong Kong Jockey Club for its continuous support through the “Jockey Club Athlete Incentive Awards Scheme”, which encourages and recognises athletes who achieve outstanding results at major sporting events.
Raymond Tam, Executive Director, Corporate Affairs of The Hong Kong Jockey Club, said Lam’s display of speed and determination not only set a new record for the Hong Kong, China team at the Winter Olympics, but also exemplified the perseverance and “can-do” spirit of Hong Kong athletes. He added that Lam’s achievement helps to raise public interest in winter sports, encouraging youngsters to participate and pursue their dreams. He also noted that over the past decade, the Club has contributed nearly HK$6.7 billion to support elite and community sports, and will continue to advance Hong Kong’s sports development for the betterment of society.
Raymond Tam, Executive Director, Corporate Affairs of The Hong Kong Jockey Club said that since the launch of Jockey Club Athlete Incentive Awards Scheme in 2023, nearly HK$95 million in cash incentives has been granted to Hong Kong, China athletes in recognition to their achievements in major sports events, providing them with support and encouraging them to keep striving for excellence and bring glory to Hong Kong.
“It is a great honour to compete on the Olympic stage. Racing alongside world-class athletes was an invaluable experience,” Joey Lam Ching-yan said. “It reinforced my belief that you should never give up until the very last moment. I sincerely thank my coaches for their dedicated guidance and my family for their unconditional support. I am also grateful to the HKSAR Government, the Hong Kong Sports Institute (HKSI), the Club, the SF&OC and the community for their encouragement and support.”
Raymond Tam, Executive Director, Corporate Affairs of The Hong Kong Jockey Club (from left) with Hong Kong, China team representative Joey Lam Ching-yan, Darren Kwok and Adrian Yung at the Jockey Club Athlete Incentive Awards Scheme Presentation Ceremony for the Milano Cortina 2026 Winter Olympic Games.
The Club launched the three-year JCAIAS in 2023, sponsoring the HKSI to provide cash awards to Hong Kong, China athletes who win medals in major sports events. These include the Olympic and Paralympic Games, Asian Games, Asian Para Games, World University Games, National Games and National Para Games, and respective winter Games. For the Olympic and Paralympic Games, athletes who finish in fourth to eighth place are also rewarded. To date, nearly HK$95 million in cash incentives has been granted under the JCAIAS.
Rosanna Law, Secretary for Culture, Sports and Tourism of the Government of the Hong Kong Special Administrative Region (front row, 4th left); Raymond Tam, Executive Director, Corporate Affairs of The Hong Kong Jockey Club (front row, 3rd left); Timothy Fok, President of the Sports Federation & Olympic Committee of Hong Kong, China (front row, 1st left); Tang King-shing, Chairman of the Hong Kong Sports Institute (front row, 2nd left) and guests, join Hong Kong, China team representative Joey Lam Ching-yan (front row, 3rd right), Darren Kwok (front row, 2nd right) and Adrian Yung (front row, 1st right) at the Jockey Club Athlete Incentive Awards Scheme Presentation Ceremony for the Milano Cortina 2026 Winter Olympic Games.
Over the years, the Club has promoted sports at both community and elite levels through numerous initiatives, enabling people of all ages and abilities to enjoy sports. Funded jointly by the Club and the Government, the HKSI (then called the Jubilee Sports Centre) opened in 1982. In 1992, the Club’s Charities Trust provided an endowment of HK$200 million to establish a trust fund, now called the Hong Kong Jockey Club Elite Athletes Fund. In 2021, the Club pledged HK$150 million in funding to match the HKSAR Government’s HK$150 million grant for the Sports Science and Research Funding Scheme.
Raymond Tam, Executive Director, Corporate Affairs of The Hong Kong Jockey Club (from left) with Hong Kong, China team representative Joey Lam Ching-yan, Darren Kwok and Adrian Yung at the Jockey Club Athlete Incentive Awards Scheme Presentation Ceremony for the Milano Cortina 2026 Winter Olympic Games.